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GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.

Eaton Says OEM Selects Its Tech for EV Platform

Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.

Eaton Introduces Next-Generation Valves

Power management company Eaton today announced its Vehicle Group has introduced its next-generation sodium-filled hollow-head valves, which improve fuel economy, reduce emissions and increase performance in gas-powered engines.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.

Canada’s ICAM to be acquired by Sandvik Coromant

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.

Data is King at EASTEC 2021

Digitization and data dominated the discussion as EASTEC returned to West Springfield, Mass., after its 2020 pandemic hiatus.